The elements of a market profile

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you have explored the elements of a market profile, including cultural, political, and economic aspects, and looked at the legal and regulatory market considerations. In this milestone, you will complete the next part of your course project by creating a market profile for your chosen country and creating legal and regulatory considerations. Scenario: You are a business analyst working at a small, domestic organization that produces high-quality baseball bats. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue to grow. One option that leadership has noticed competitors attempting is entering international markets. You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global markets below, and summarize your findings in a business brief for leadership. Continue to use your selected market from Milestone One. As a reminder, the options for international markets are, THE MARKET I SELECTED IS REPUBLIC OF KOREA: Republic of Korea Canada Germany Prompt: In this milestone, you will continue to use the Business Brief Template (located in the Guidelines for Submission section of this document). Complete Section Two and the Legal and Regulatory Considerations portion of Section Three. Use course resources as well as the INT 220 Library Guide to support your responses. Specifically, you must address the following rubric criteria: Market Profile: Explore and explain the cultural, political, and economic ​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​environment of your selected market to help inform future business decisions regarding expansion from the domestic market. Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domestic market, including communication, dimensions of culture, attitudes, common business etiquette and practices, and at least five other important aspects of culture. Political and Economic Profile: Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems and ideologies, current leaders, economic measures or characteristics used in classification, and government intervention on trade. Market Considerations: Discuss the legal and regulatory considerations in your selected market that can impact business decisions regarding expansion to new global markets. You should also consider corporate social responsibility for each market consideration. Legal and Regulatory Considerations: Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentation

 

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In addition, to the case of Bolam v Friern , the standard of professional is judged by the standard of the ordinary skilled person professing to have that special skill. However, the House of Lords highlighted that it was for the court, and not for medical opinion, to decide the standard of care required in each case not only by having of special skills. As a junior doctor he practically failed to carry out medical examination of Mike appropriately, as his judgement of the injuries led him to believe it was merely external but, failed to distinguish the seriousness of his internal harm. Therefore, in the case in question, as this is the exception of the objective standard, the courts could decide the standard of care requisite. Mike could be held guilty of negligence as the standard of his profession could be considered equally as a fully qualified doctor.

Moreover, in the case of Nettleship v Weston , it was held that a learner driver is expected to meet the same standard as a reasonable qualified competent driver. Likewise, according to the judgement of the House of Lords in the case of Wilsher v Essex , “a doctor occupying a particular role was obliged to meet the standards of the role. The personal inexperience, or covering for a more senior clinician, was irrelevant.” This implies that junior doctors owed the same duty of care as a qualified doctor. Mike could potentially establish causation due to the lack of medical supervision and breach of standard of care owed by Wally.

Most importantly according to, Cassidy v Minister of Health, the hospital authorities are also responsible for ensuring that they have a suitable team of professionals in place. The A&E service at the Bogside hospital, had only one doctor on duty; that implies they can be held responsible. According to the judgement in Cassidy , the conduct of

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